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Evening Standard
Evening Standard
National
Henry Saker-Clark

EBay rejects £41.4 billion GameStop takeover offer

eBay GameStop Ryan Cohen
EBay has said it plans to keep the Depop name and brand (Alamy/PA) -

EBay has turned down a 56 billion US dollar (£41.4 billion) takeover move from GameStop, labelling the proposal as “neither credible or attractive”.

GameStop boss Ryan Cohen launched an unsolicited offer of 125 dollars (£92.40) per share – half in cash and half in GameStop stock – to eBay shareholders last week.

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